Solar Savings Calculator for Alexandria, VA

Homeowners in Alexandria pay an average of $155/month for electricity through Dominion Energy Virginia. With 4.4 peak sun hours per day, solar panels can significantly reduce your energy costs.

$155
Avg Monthly Bill
14.8¢/kWh
Electricity Rate
4.4h/day
Peak Sun Hours
$49,097
Est. 25-Year Savings

Calculate Your Savings in Alexandria

Adjust Your Details for Alexandria, VA

$
$50$1,000
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50¢

Your Estimated Solar Savings

System Size
8 kW
Panel Count
20 panels
Total System Cost
$22,400
Federal Tax Credit (30%)
-$6,720
Net Cost
$15,680
Annual Savings
$1,860
Payback Period
8.4 years
25-Year Savings
$49,097
Return on Investment
313%

* Estimates based on 4.4 peak sun hours/day in Alexandria, VA, system cost of $2.8/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.

Local Solar Details for Alexandria

Utility & Permits

Utility Company
Dominion Energy Virginia
Permit Cost
$375
Permit Timeline
3-5 weeks
Net Metering
full

System Estimates

Recommended Size
8 kW
Panel Count
20 panels
Gross Cost
$22,400
Net Cost (after credits)
$15,680

Available Incentives for Alexandria, VA

Federal Solar Investment Tax Credit (ITC)

Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.

30% of system cost

Virginia SREC Program

SRECs earned through the Virginia Clean Economy Act renewable portfolio standard.

$10-50 per SREC

Other Cities in Virginia

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